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US March CPI Increases 3.3% Year-on-Year, Highest Since May 2024

On April 10, it was reported that the US Consumer Price Index (CPI) for March increased by 3.3% year-on-year, marking the highest level since May 2024. The forecast was 3.4%, while the previous value was 2.4%. The seasonally adjusted CPI for March rose by 0.9% month-on-month, matching expectations of 0.9%, compared to the previous value of 0.30%.

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